TORONTO, Jan. 4 /CNW/ - Wesdome Gold Mines Ltd. (WDO-TSX) is pleased to
announce the appointment of André Roy, P.Eng. as Vice President
Operations, effective January 10, 2011.
Mr. Roy, a native of Val d'Or, Quebec is a Professional Engineer in
Ontario and Quebec who has worked in the mining industry for 30 years.
He has worked in all facets of management and engineering for companies
such as Aurizon Mines Ltd., Pan American Silver, Glencore
International, Cambior Incorporated and Falconbridge Ltd. Additionally,
he has worked extensively in the consulting business for respected
groups such as Genivar, Hatch, Klohn Crippen and Golder Associates.
This experience is viewed favourably in light of the Company's array of
high-quality Canadian gold-producing assets.
Mr. Roy holds a B.Eng and MASc in Mining Engineering from École
Polytechnique in Montreal and an MBA from Concordia University.
Donovan Pollitt, President stated "We welcome André's technical and
management experience as we move forward on a number of new internal
growth projects. Optimizing capital allocation, sound long term
planning and a focus on sustainable profitability will be key aspects
Wesdome is an established Canadian gold producer with wholly-owned
mining and milling complexes located in Wawa, Ontario and Val d'Or,
Québec. Wesdome has been producing gold continually for 20 years on an
unhedged basis and to date has produced in excess of 1.0 million
ounces. The Company has 101.1 million shares issued and outstanding
and trades on the Toronto Stock Exchange under the symbol "WDO".
This news release contains "forward-looking information" which may
include, but is not limited to, statements with respect to the future
financial or operating performance of the Company and its projects.
Often, but not always, forward-looking statements can be identified by
the use of words such as "plans", "expects", "is expected", "budget",
"scheduled", "estimates", "forecasts", "intends", "anticipates", or
"believes" or variations (including negative variations) of such words
and phrases, or state that certain actions, events or results "may",
"could", "would", "might" or "will" be taken, occur or be achieved.
Forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements of the Company to be materially different
from any future results, performance or achievements expressed or
implied by the forward-looking statements. Forward-looking statements
contained herein are made as of the date of this press release and the
Company disclaims any obligation to update any forward-looking
statements, whether as a result of new information, future events or
results or otherwise. There can be no assurance that forward-looking
statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
statements. The Company undertakes no obligation to update
forward-looking statements if circumstances, management's estimates or
opinions should change, except as required by securities legislation.
Accordingly, the reader is cautioned not to place undue reliance on
SOURCE Wesdome Gold Mines Ltd.
For further information:
|Donovan Pollitt, P.Eng., CFA ||or ||Shelly John|
|President & CEO || ||Manager of Investor Relations|
|8 King St. East, Suite 1305|
Toronto, ON, M5C 1B5
Toll Free: 1-866-4-WDO-TSX
Phone: 416-360-3743, Fax: 416-360-7620
Email: firstname.lastname@example.org, Website: www.wesdome.com